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Business Segment Information
 9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information

The Company has three reportable segments: exploration and production, drilling and oil field services and midstream services. These segments represent the Company’s three main business units, each offering different products and services. The exploration and production segment is engaged in the exploration and production of oil and natural gas properties and includes the activities of the Royalty Trusts. The drilling and oil field services segment is engaged in the contract drilling of oil and natural gas wells and provides various oil field services. The midstream services segment is engaged in the purchasing, gathering, treating and selling of natural gas and coordinates the delivery of electricity to the Company’s exploration and production operations in the Mid-Continent. The All Other columns in the tables below include items not related to the Company’s reportable segments, including the Company’s corporate operations.

Management evaluates the performance of the Company’s business segments based on income (loss) from operations. Summarized financial information concerning the Company’s segments is shown in the following table (in thousands):
 
Exploration and Production(1)
 
Drilling and Oil Field Services(2)
 
Midstream Services
 
All Other (3)
 
Consolidated Total
Three Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
Revenues
$
165,134

 
$
14,754

 
$
20,812

 
$
1,608

 
$
202,308

Inter-segment revenue
—

 
(10,182
)
 
(11,974
)
 
—

 
(22,156
)
Total revenues
$
165,134

 
$
4,572

 
$
8,838

 
$
1,608

 
$
180,152

Loss from operations
$
(988,903
)
 
$
(27,723
)
 
$
(2,090
)
 
$
(41,017
)
 
$
(1,059,733
)
Interest expense
(3
)
 
—

 
—

 
(76,997
)
 
(77,000
)
Gain on extinguishment of debt
—

 
—

 
—

 
340,699

 
340,699

Other (expense) income, net
(109
)
 
3

 
20

 
(340
)
 
(426
)
(Loss) income before income taxes
$
(989,015
)
 
$
(27,720
)
 
$
(2,070
)
 
$
222,345

 
$
(796,460
)
Capital expenditures(4)
$
106,013

 
$
259

 
$
3,719

 
$
3,306

 
$
113,297

Depreciation, depletion, amortization and accretion
$
67,652

 
$
3,966

 
$
2,984

 
$
4,410

 
$
79,012

 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
Revenues
$
359,613

 
$
51,082

 
$
31,132

 
$
1,224

 
$
443,051

Inter-segment revenue
—

 
(29,734
)
 
(19,210
)
 
—

 
(48,944
)
Total revenues
$
359,613

 
$
21,348

 
$
11,922

 
$
1,224

 
$
394,107

Income (loss) from operations
$
275,191

 
$
(1,155
)
 
$
(3,218
)
 
$
(14,327
)
 
$
256,491

Interest expense
—

 
—

 
—

 
(59,783
)
 
(59,783
)
Other (expense) income, net
(38
)
 
(89
)
 
5

 
(151
)
 
(273
)
Income (loss) before income taxes
$
275,153

 
$
(1,244
)
 
$
(3,213
)
 
$
(74,261
)
 
$
196,435

Capital expenditures(4)
$
435,758

 
$
3,603

 
$
14,045

 
$
14,422

 
$
467,828

Depreciation, depletion, amortization and accretion
$
113,711

 
$
6,884

 
$
2,530

 
$
4,977

 
$
128,102

 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
Revenues
$
575,411

 
$
56,545

 
$
63,123

 
$
3,802

 
$
698,881

Inter-segment revenue
(12
)
 
(36,887
)
 
(36,915
)
 
—

 
(73,814
)
Total revenues
$
575,399

 
$
19,658

 
$
26,208

 
$
3,802

 
$
625,067

Loss from operations
$
(3,554,661
)
 
$
(39,248
)
 
$
(9,118
)
 
$
(80,245
)
 
$
(3,683,272
)
Interest expense, net
(42
)
 
—

 
—

 
(213,527
)
 
(213,569
)
Gain on extinguishment of debt
—

 
—

 
—

 
358,633

 
358,633

Other income, net
1,067

 
3

 
33

 
105

 
1,208

(Loss) income before income taxes
$
(3,553,636
)
 
$
(39,245
)
 
$
(9,085
)
 
$
64,966

 
$
(3,537,000
)
Capital expenditures(4)
$
559,515

 
$
2,732

 
$
20,400

 
$
18,405

 
$
601,052

Depreciation, depletion, amortization and accretion
$
270,292

 
$
14,726

 
$
8,457

 
$
13,988

 
$
307,463

At September 30, 2015
 
 
 
 
 
 
 
 
 
Total assets
$
2,635,656

 
$
60,740

 
$
217,784

 
$
1,188,902

 
$
4,103,082

 
Exploration and Production(1)
 
Drilling and Oil Field Services(2)
 
Midstream Services
 
All Other (3)
 
Consolidated Total
Nine Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
Revenues
$
1,106,883

 
$
150,054

 
$
115,846

 
$
3,299

 
$
1,376,082

Inter-segment revenue
(26
)
 
(92,774
)
 
(71,405
)
 
—

 
(164,205
)
Total revenues
$
1,106,857

 
$
57,280

 
$
44,441

 
$
3,299

 
$
1,211,877

Income (loss) from operations
$
288,497

 
$
(6,605
)
 
$
(6,973
)
 
$
(58,679
)
 
$
216,240

Interest income (expense), net
138

 
—

 
—

 
(183,827
)
 
(183,689
)
Other (expense) income, net
(272
)
 
(561
)
 
5

 
3,987

 
3,159

Income (loss) before income taxes
$
288,363

 
$
(7,166
)
 
$
(6,968
)
 
$
(238,519
)
 
$
35,710

Capital expenditures(4)
$
1,056,568

 
$
10,877

 
$
25,810

 
$
27,282

 
$
1,120,537

Depreciation, depletion, amortization and accretion
$
333,109

 
$
22,256

 
$
7,480

 
$
15,453

 
$
378,298

At December 31, 2014
 
 
 
 
 
 
 
 
 
Total assets
$
6,273,802

 
$
115,083

 
$
219,691

 
$
650,649

 
$
7,259,225

____________________
(1)
(Loss) income from operations includes full cost ceiling limitation impairments of $1.0 billion and $3.6 billion for the three and nine-month periods ended September 30, 2015, respectively, and $164.8 million for the nine-month period ended September 30, 2014.
(2)
(Loss) income from operations includes an impairment of $19.8 million on certain drilling assets for the three and nine-month periods ended September 30, 2015 and $3.1 million for certain drilling assets held for sale for the nine-month period ended September 30, 2014.
(3)
(Loss) income from operations for the three and nine-month periods ended September 30, 2015 includes an impairment of $15.4 million on property located in downtown Oklahoma City, Oklahoma. See Note 5.
(4)
On an accrual basis and exclusive of acquisitions.